REVOLVING LOAN FUND
A revolving loan fund (RLF) is a gap financing measure primarily used for development and expansion of small businesses.
Our Revolving Loan Fund (RLF) for economic development is a dynamic financial resource dedicated to catalyzing growth and prosperity in our community. Designed to support businesses, entrepreneurs, and community projects, this fund offers low-interest loans with flexible terms, tailored to the unique needs of our local economy.
What sets our RLF apart is its self-renewing nature. As borrowers repay their loans, those funds are reinvested, ensuring a continuous cycle of financial support. This sustainable approach enables us to provide ongoing assistance to new enterprises, fostering innovation, job creation, and community development.
Whether you're a small business looking to expand, an entrepreneur with a game-changing idea, or a community project seeking to make a difference, our RLF is here to empower your vision. Together, we'll drive economic growth, strengthen our community, and build a brighter future for all.
To learn more about MCEDC's Revolving Loan Fund, email: firstname.lastname@example.org